CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Risk, Sovereign and Economic Risk Group, Analyst, London
Goldman Sachs International
January 12, 2018
London, United Kingdom
MORE ABOUT THIS JOB RISK The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm .
RESPONSIBILITIES AND QUALIFICATIONS Sovereign and Economic Risk Group (SERG) is part of the Risk Division of Goldman Sachs and is responsible for assessing, monitoring and managing sovereign and country risk at the firm by understanding and analyzing the countries where the Firm takes risk.
SERG leverages its extensive expertise in economics, politics, and financial markets to identify global risks to the firm. Based on its assessments SERG sets concentration limits for the Firm on aggregate Credit and Market Risk at the country and regional level. In addition, SERG is responsible for designing and executing global and country-specific scenarios and stress tests, which complement the Firm's day-to-day risk management activities. As part of that effort, the team develops global macroeconomic forecasts used by the Risk Division for stress testing and planning purposes. Finally, SERG is responsible for credit rating advisory for governments and government-related clients, whom we advise on the rating implications of transactions and on managing their relationship with the rating agencies more generally.
SERG is staffed globally with offices in New York, London, and Hong Kong. SERG has been structured to work closely with almost every division of the firm, allowing its professionals to gain diverse financial experience and a broad perspective on how the firm functions as a whole. Its unique position keeps SERG at the forefront of the firm's strategic developments.
SOVEREIGN RISK ANALYST RESPONSIBILITIES Economic forecasting, Country Analysis and Stress Testing:
Provide inputs for economic forecasting and review of macro downside risks, particularly in major European economies
Assess the economic, financial, political and social dynamics in countries where the Firm takes risk. Provide inputs, analysis and advice for senior risk managers
Support regional and global sovereign risk surveillance efforts, including preparation of presentations materials on topical macro issues
Support with designing and running stress tests
Analyze the risks inherent in the products the firm trades and understand their impact at the portfolio level
Undergraduate in economics and/or international relations, with high macroeconomics competency. Advanced degree in economics, finance, international relations, or a related field is helpful but not required
Excellent quantitative skills, including ability to work with large databases and knowledge of statistical analysis
Expertise in sovereign credit analysis, with particular focus on macroeconomic, political, financial and social factors.
Strong organizational skills and the ability to manage multiple assignments concurrently
Excellent written and spoken communication skills
Ability to work and make decisions independently
Fluency in English is required
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.